Accounts Payable/Receivable (Andheri)

Job Description Job Title Accounts Payable & Receivable Department Payable Industry Commercial Interior Fit-Out Experience 58 Years Location Mumbai Employment Type Full time Reporting To Finance Manager / Head Finance Job Summary We are seeking an experienced Accounts Payable & Receivable professional with 58 years of experience in the Commercial Interior Fit-Out, Construction, EPC, or Contracting industry. The ideal candidate should have strong expertise in managing end-to-end accounts payable and receivable functions, project billing, vendor and client reconciliations, cash flow coordination, statutory compliance, and financial reporting. The candidate should be capable of independently handling multiple projects while ensuring timely payments, collections, and compliance with company policies. Key Responsibilities Accounts Payable (AP) - Manage the complete Accounts Payable cycle, from invoice verification to payment processing. - Verify vendor, subcontractor, and supplier invoices against Purchase Orders (POs), Work Orders (WOs), Goods Receipt Notes (GRNs), and supporting documents. - Prepare payment schedules based on contractual terms and cash flow requirements. - Coordinate with procurement and project teams to resolve invoice discrepancies. - Reconcile vendor accounts and ensure timely settlement of outstanding balances. - Monitor advances, retention amounts, and security deposits related to vendors and subcontractors. - Ensure compliance with GST, TDS, and other statutory deductions while processing payments. Accounts Receivable (AR) - Manage customer invoicing as per project milestones, work completion, and contractual agreements. - Monitor receivables and follow up with clients to ensure timely collections. - Prepare customer outstanding statements and ageing reports. - Reconcile customer accounts and resolve billing-related issues. - Coordinate with project managers and clients regarding certification, billing approvals, and payment follow-ups. - Track retention receivables and ensure timely realization. General Accounting & Reporting - Perform ledger, bank, vendor, and customer reconciliations. - Assist in monthly, quarterly, and annual financial closing activities. - Prepare MIS reports related to payables, receivables, cash flow, and outstanding analysis. - Support budgeting and cash flow planning by providing accurate payment and collection forecasts. - Assist during statutory audits, internal audits, and tax assessments. - Maintain proper accounting records and documentation in accordance with company policies. - Ensure adherence to accounting standards and internal financial controls. Required Skills Strong expertise in Accounts Payable and Accounts Receivable processes. Draft professional emails and maintain effective communication with clients, vendors, and internal stakeholders regarding payments and account-related matters. Ability to handle payment escalations professionally while maintaining positive client relationships. Experience in project-based accounting within the Commercial Interior Fit-Out, Construction, EPC, or Contracting industry. Thorough knowledge of GST, TDS, invoice accounting, vendor management, and customer billing. Experience with Tally ERP, SAP, Oracle, Microsoft Dynamics, or similar ERP systems. Advanced proficiency in Microsoft Excel (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, IF, data analysis, etc.). Strong analytical, reconciliation, and problem-solving skills. Excellent coordination and communication skills for interacting with clients, vendors, procurement, and project teams. Ability to manage multiple projects and work under tight deadlines. Qualifications - Bachelor's Degree in Commerce (B.Com) is mandatory. - M.Com, MBA (Finance), CA Inter, CMA Inter, or equivalent qualification will be preferred. Preferred Experience - 58 years of relevant experience in Accounts Payable & Receivable. - Prior experience in Commercial Interior Fit-Out projects is highly preferred. - Exposure to project billing, subcontractor payments, retention accounting, and milestone-based invoicing. - Experience handling high-value vendor payments and corporate client collections. Key Competencies Financial & Commercial Acumen Attention to Detail Analytical Thinking Vendor & Client Relationship Management Negotiation & Follow-up Skills Time Management Problem Solving Accountability & Integrity Team Collaboration Ability to Handle Confidential Financial Information Compensation: 40,000.00 - 70,000.00 per month Benefits: - Provident Fund Work Location: In person .